Tag Archive: Howard Schultz

Howard Schultz, closet Republican

Previous effort to boycott Starbucks over anti-labor practices

Howard Schultz, former CEO of Starbucks Coffee and still its largest individual shareholder, has been getting lots of free airtime this week as he mulls a presidential campaign. Schultz claims to be a “centrist Independent,” but in his free media appearances, he spends his time bashing the Democratic Party. For example, he criticizes “people [obviously Democrats] espousing free government-paid college, free government-paid health care and a free government job for everyone.” Likewise, in another free media appearance, Schultz criticized freshman Democratic Congresswoman Alexandria Ocasio-Cortez‘s proposal for a 70 percent marginal tax rate on income over $10 million. Additionally, Schultz, as CEO of Starbucks, thwarted labor efforts to unionize the company, again while trying to portray his goals as some centrist “third way” alternative. In reality, Schultz with his Drip-Down Economics sounds just like another billionaire Republican to us.